Markets are pricing in rate hikes again

BTC slips to $66,445. ETH breaks back below $2,000. Markets are pricing in rate hikes — not cuts. The macro floor just got shakier.

Today's key developments:
• Markets are pricing in rate hikes again — and crypto is not immune. Inflation fears plus Middle East tensions are reshaping Fed expectations in real time.
• Gnosis and Zisk just announced the Ethereum Economic Zone — a rollup framework co-funded by the Ethereum Foundation, with Aave, Titan, and Centrifuge already signed on.
• The CLARITY Act could be a quiet kill switch for DeFi token yields. An analyst at 10x Research says ring-fencing yield would shift value from decentralized protocols to regulated players.


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